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1. The Treasury Department wants to raise $2,698 by selling Treasury bills in an auction. The amount of non-competitive bids equals $632. What is the

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1. The Treasury Department wants to raise $2,698 by selling Treasury bills in an auction. The amount of non-competitive bids equals $632. What is the prevailing price in the auction in Table 1? $0.9960 $0.9931 $0.9920 $0.9970

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